HSBC has appointed David Phythian as head of corporate real estate for the UK.
He has been promoted to the role after some eight years with the bank. He takes over from Andy Armstrong who after seven years in the role, will become global co-head of real estate alongside Richard DeZego.
Phythian will now have overall responsibility for the bank’s growing corporate real estate division in the UK, including oversight of its strategy and customer relationships.
Phythian said: “The corporate real estate industry is moving apace, with fresh impetus being injected into the industry by a lot of regeneration up and down the country, the property market being in a state of flux, and the right economic conditions. This is an exciting time for the industry.”